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Powder Metallurgy Market to Reach US$7.812 billion by 2023

The Powder Metallurgy Market should reach US$7.812 billion by 2023 from US$5.671 billion in 2017 at a (CAGR) of 5.48%, respectively, from 2017 to <br>2023. The powder metallurgy is used to process powdered raw materials to manufacture different types of components.

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Powder Metallurgy Market to Reach US$7.812 billion by 2023

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  1. Powder Metallurgy Market Forecasts From 2019 To 2024

  2. DESCRIPTION DESCRIPTION The Powder Metallurgy market is projected to grow at a CAGR of 5.48% to reach US$7.812 billion by 2023, from US$5.671 billion in 2017. Powder metallurgy is a process for forming accurate metal components from metal powder through compacting. A majority of powder metallurgy parts are used in the automobile industry. Growing automotive and electronics industry is considered as the driving factor for the growth of the market. Moreover, technological advancement in ender users industries like automobiles and computers is likely to increase the demand for nonferrous powder metallurgy during the forecast period. APAC region is expected to witness the significant growth during the forecast period owing to economic development and rapid expansion of the industrial sector.

  3. Key Key Questions Questions Answered Answered By By The The Report Report ▪What will be Powder Metallurgy Market from 2019 to 2024? ▪How are the major drivers and restraints affecting the Powder Metallurgy Market ▪growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why? ▪A comprehensive analysis of competitive landscape and key market participant’s behavior ▪Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Geography  North America  USA  Canada  Mexico  Others  South America  Brazil  Argentina  Others

  5. Geography  Europe  Germany  France  United Kingdom  Spain  Others  Middle East and Africa  Saudi Arabia  United Arab Emirates  Others 

  6. Geography Asia Pacific China Japan India South Korea Others      

  7. Segments Covered Under Global Storage Market: ▪ By Material ▪ Ferrous ▪ Non-Ferrous ▪ By Application ▪ Automotive ▪ Electrical & Electronics ▪ Aerospace ▪ Others

  8. COMPANY PROFILES ▪ Hitachi Chemical Co., Ltd. ▪ Sumitomo Electric Industries, Ltd. ▪ Catalus Corporation ▪ H.C. Starck GmbH ▪ Höganäs AB ▪ American Axle & Manufacturing, Inc. ▪ Fine-sinter Co., Ltd ▪ Miba AG ▪ Sandvik AB

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